by Global Lifestyle Properties

See Home Value
$109,000
● Land - Off Market

2950 FOREST LANE

SARASOTA, FL 34231
bedrooms
Studio
bathrooms
0 Bath
$692
Est. Monthly

About This Property

This prime building parcel offers an incredible opportunity to bring your vision to life in a sought-after location. Spanning 5,400 square feet, the lot is fully cleared and ready for immediate construction, with utilities in place, including water and electricity. In a thriving neighborhood, this parcel is ideally positioned only 1.5 miles to Riverview High School and only six miles to world famous Siesta Key, providing convenience and connectivity. Don't miss out on this rare chance to create something special in one of the area's most promising areas.
Unit Size
-
Days on Market
403 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$156
HOA Dues
-
Year Built
1925

Payment Calculator

Cap Rate Calculator

Last updated: 7 months ago (Stellar MLS #A4639899)

Price History

Date / Event Date Event Price
Mar 20, 2026 Sold
Sold
Feb 26, 2026 In contract -
In contract
Feb 25, 2026 Price Decreased $109,000
↓ $40K (26.9%)
Price Decreased
Feb 10, 2025 Listed by PREMIER SOTHEBYS INTL REALTY $149,000
Listed by PREMIER SOTHEBYS INTL REALTY
Jan 24, 2024 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 500
  • Total Building Area: 848
  • Gross Building Area: 848
  • Building Area: 848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HYDE PARK TERRACE
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 11 BLK H HYDE PARK TERRACE

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001704

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29-4
  • Account Number: 0072050026
  • Subdivision Tract Number: 279
  • Parcel: 0072-05-0026
  • Block: H
  • Lot: 11
  • Meridian: SEC 04 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2964
  • Longitude: -82.5107

    Address

  • Full Address: 2950 Forest Ln
  • Address - House Number: 2950
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C097
  • 4-Digit Zip Code: 6513
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 1,244
  • Tax Year: 2023
  • Tax Amount: $192,556
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 252,597
  • High Value: 296,927
  • Low Value: 208,267

    Market Valuation

  • Market Total Value: $133,500
  • Market Land Value: $92,600
  • Market Improvement Value: $40,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,500
  • Assessed Land Value: $92,600
  • Assessed Improvements Value: $40,900

    Sales

  • Current Sale Contract Date: Jan 23, 2024
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9428
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hyde Park Terrace


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2232 Pine Terrace, FL, 34231

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,557 ft²
2232 Pine Terrace, FL, 34231 Listing by Andy Moore
Unit for rent at 2500 Monterey Street, SARASOTA, FL, 34231

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,434 ft²
2500 Monterey Street, SARASOTA, FL, 34231 Listing by Lisa Warren-Wallace
Unit for rent at 3210 Wood Street, FL, 34237

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,105 ft²
3210 Wood Street, FL, 34237 Listing by Adam Kabinoff


Frequently Asked Questions

When was property at 2950 Forest Lane built and last sold?
The property at 2950 Forest Lane was built in 1925 and last sold on Jan 23, 2024 for $48,500.
How much is this home worth?
The estimated value of the home located at 2950 Forest Lane is $0.
What are some comparable homes to 2950 Forest Lane?
There are currently no comparable homes to 2950 Forest Lane.